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MEESHO VIDIT AATREY
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail playEcommerce giant Meesho is set to acquire Kirana Club for Rs 202 crore in a cash deal, aiming to bolster its reach within India's vast kiran...
BazaarNow raises Rs 72 crore from Peak XV, others to scale up quick commerce in non-metrosFounded in 2025 by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, BazaarNow touts itself as a quick commerce pl...
Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucksA grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits fo...
ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
Meesho shares surge over 7% after Q4 losses shrink sharply; Morgan Stanley raises target priceMeesho shares surged after the e-commerce platform posted an 88% YoY drop in Q4 losses to Rs 166 crore, while revenue jumped 47% to Rs 3,53...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Meesho Q4 revenue jumps 47%; operating losses widen on aggressive growth pushCEO Vidit Aatrey said that over 70% of the company’s code now is being written using artificial intelligence. More than three fourths of Me...
Meesho Q4 Results: Co narrows loss by 88% YoY to Rs 166 crore, revenue jumps 47%Meesho Q4 Results: Meesho significantly reduced its consolidated losses by 88% to Rs 166 crore in the March-ended quarter, while revenue fr...
Oolka raises $14 million led by AccelBengaluru's Oolka, a fintech startup, secured $14 million led by Accel, with Lightspeed and Z47 also participating. The funds will bolster ...
ETtech Deals Digest: Startups raise $66 million this week, down 33% on-yearStartup funding saw a 33% year-on-year decline, with $66 million raised in the week to February 24, though this was a 43.8% increase from t...
IITian Vidit Aatrey joins billionaire club as Meesho shares rocket 74% from issue priceMeesho Ltd’s shares surged more than 74% from their issue price days after listing, lifting co-founder Vidit Aatrey into the billionaire cl...
On listing day, Vidit Aatrey says Meesho’s journey to Dalal Street has been surrealShares of Meesho debuted on the National Stock Exchange (NSE) at Rs 162.5 apiece, marking a 46% premium over its issue price of Rs 111 per ...
Meesho IPO: Strong anchor book signals global confidence; CEO says free cash flow to stay in focusMeesho’s top leadership outlines strong anchor investor interest, growth plans, and the roadmap to profitability ahead of its IPO. CEO Vidi...
Meesho IPO: There’s no slowdown, India among the least penetrated ecommerce markets globally: CEO Vidit AatreyGlobally, companies such as Pinduoduo and Shopee have scaled massively without owning heavy infrastructure. Meesho’s asset-light approach i...
Meesho aims to grow merchant base 10 times to 1.1 crore by 2027Meesho is the first e-commerce company in India to turn profitable at the group level (consolidated profit) and expects the momentum to con...
Meesho undertakes ESOP buyback worth $5 mnThe total worth of the latest ESOP re-purchasing programme is expected to be approximately USD 5 million, it added.
Meesho mops up $3.1 millions from SAIF-led investorsThe company plans to use the fresh funds to hire for its tech and business operation teams, CEO Vidit Aatrey said.
Meesho mops up $3.1 m from SAIF-led investorsApart from Y Combinator and Venture Highway, Meesho had also raised $350,000 from some angel investors in convertible debt.